Alerion's largest solar park in Romania gets funding

Business Forum

14 May, 2025 at 7:05 AM

BCR has granted a €18.5 million loan to Italian Alerion Clean Power for the construction of a 35 MW photovoltaic project in Călăraşi county

The loan has a maturity date of 2040, and the total value of the investment amounts to €26.8 million, according to BCR representatives. The solar park is estimated to generate an annual output of 51,000 MWh.

In Romania, the Italian group has so far developed several wind farm projects in the localities of Auşeu-Borod, Vrani, Jimbolia and Sânnicolau Mare.

In 2024, the Alerion Group began production at two new photovoltaic power plants in Romania, in the municipality of Periş, each with an installed capacity of approximately 6 MWp.

“We are pleased to consolidate our presence in Romania, a country that has significant potential for the development of clean energy. This new project represents an important step in Alerion's commitment to expanding its renewable energy portfolio across Europe,” said Josef Gostner, President & CEO of Alerion Clean Power.

Clifford Chance Badea provided legal advice to BCR in this deal.

BT raises RON 1.5 billion in record bond sale

Banca Transilvania (BT) has successfully completed its inaugural issuance of sustainable bonds in Romanian Lei, attracting RON 1.5 billion (€301.7 million).

Real estate

Erste and BCR refinance office building in Bucharest

Erste Group Bank and its Romanian subsidiary BCR have jointly provided €21 million in refinancing for the Day Tower office building in Bucharest. The loan facility was signed with Danube Capital Partners.

Real estate

Iulius, Atterbury Europe secure record €400 million loan for mixed-use project in Cluj-Napoca

Iulius and Atterbury Europe have secured the largest loan ever granted for a new real estate development in Romania. The €400 million syndicated financing will back the development of the Rivus Cluj-Napoca mixed-use urban reconversion project. The green loan was provided by a consortium of four major financial institutions: Erste Bank, BCR, EBRD, and BRD. 